Samuelson’s Diamonds, the premier downtown diamond destination in Baltimore, Maryland was featured in National Jeweler Network’s Diamond Supply section on June 26th (last Friday:)
Baltimore–Last year, Ron Samuelson, chief executive of Samuelson’s Diamonds in Baltimore, bought an 8.5-carat brownish-yellow round diamond mounted in a men’s nugget ring from a customer who was seduced by the “sell your jewelry” offer on the store’s Web site.
“It was a big, ugly stone,” Samuelson recalls. “When we showed it to our cutter, he said, ‘Yeah, I could make this into a fancy yellow.'”
The resulting diamond, a 6.86-carat fancy-yellow radiant, is now part of the store’s inventory, and Samuelson is confident that when he eventually sells the stone, it will net him a tidy profit.
“I’ve almost eliminated my need for diamond dealers,” Samuelson says. “For every one person who wants to buy a diamond, 20 want to sell.”
As of this release, the ring is still available:
The 6.86 Carat Fancy Yellow Radiant Ring
Samuelson’s Diamonds continues to offer its customers the best prices for used jewelry, gold, silver and diamonds.
The original article can be found here: ‘Recession brings glut of diamonds, but few buyers.‘
